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India Nipon Electric share price

India Nippon Electricals Ltd.

NSE: INDNIPPON BSE: 532240 SECTOR: Auto Ancillary  40k   206   16

690.50
+60.85 (9.66%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 693.1

Today's Low

₹ 635.95

52 Week High

₹ 810.95

52 Week Low

₹ 327.2

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1562.01 Cr.

Enterprise Value

1543.23 Cr.

No. of Shares

2.26 Cr.

P/E

34.6

P/B

2.61

Face Value

₹ 5

Div. Yield

1.34 %

Book Value (TTM)

₹  264.78

CASH

18.78 Cr.

DEBT

0 Cr.

Promoter Holding

70.37 %

EPS (TTM)

₹  19.95

Sales Growth

15.89%

ROE

10.98 %

ROCE

13.37%

Profit Growth

43.74 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year15.89%
3 Year11.08%
5 Year7.72%

Profit Growth

1 Year43.74%
3 Year1.59%
5 Year2.93%

ROE%

1 Year10.98%
3 Year9.63%
5 Year11.66%

ROCE %

1 Year13.37%
3 Year12.14%
5 Year15.33%

Debt/Equity

0

Price to Cash Flow

27.45

Interest Cover Ratio

167.809523809524

CFO/PAT (5 Yr. Avg.)

0.742882362963991

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 70.37 0
Sep 2023 70.37 0
Jun 2023 70.37 0
Mar 2023 70.39 0
Dec 2022 70.39 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 167.809523809524.
  • Company’s PEG ratio is 0.791110679692383.
  • The company has an efficient Cash Conversion Cycle of 19.7548996841427 days.
  • Company has a healthy liquidity position with current ratio of 2.97866732559097.
  • The company has a high promoter holding of 70.37%.

 Limitations

  • The company has shown a poor profit growth of 1.58620245084629% for the Past 3 years.
  • The company has shown a poor revenue growth of 11.0798164943406% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 156.19 157.97 159.84 189.7 178.86
Total Expenditure 143.9 143.07 149.9 170.05 163.6
Operating Profit 12.29 14.9 9.94 19.65 15.26
Other Income 6.22 5.2 5.61 4.86 5.95
Interest 0.09 0.09 0.1 0.1 0.1
Depreciation 3.68 3.81 3.77 3.78 3.73
Exceptional Items 0 -8.03 0 0 0
Profit Before Tax 14.74 8.17 11.68 20.63 17.38
Tax 1.3 1.83 2.41 3.25 5.23
Profit After Tax 13.44 6.34 9.27 17.38 12.15
Adjusted EPS (Rs) 5.94 2.8 4.1 7.68 5.37

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 525.21 478.81 481.23 566.27 656.25
Total Expenditure 447.83 421.9 434.85 515.43 603.29
Operating Profit 77.39 56.91 46.39 50.84 52.96
Other Income 14.34 25.14 16.19 14.05 40.17
Interest 0.08 0.56 0.56 0.49 0.42
Depreciation 7.73 9.41 10.35 12.85 14.62
Exceptional Items 0 0 0 0 -8.03
Profit Before Tax 83.91 72.09 51.67 51.55 70.06
Tax 24.41 16.89 10.97 11.29 12.19
Net Profit 59.51 55.2 40.7 40.26 57.87
Adjusted EPS (Rs.) 26.31 24.4 17.99 17.8 25.58

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 11.31 11.31 11.31 11.31 11.31
Total Reserves 389.96 407.85 438.89 482.3 549.03
Borrowings 0 0 0 0 0
Other N/C liabilities 6.08 14.56 17.73 27.39 36
Current liabilities 103.15 179.67 301.54 108.51 121.41
Total Liabilities 510.49 613.39 769.47 629.51 717.75
Assets
Net Block 60.79 75.97 85.84 130.13 134.44
Capital WIP 6.85 13.24 33.87 5.08 12.8
Intangible WIP 0 0 0 0 0
Investments 139.53 130.8 140.2 157.69 206.78
Loans & Advances 2.74 5.55 3.35 2.64 2.08
Other N/C Assets 9.66 0.43 0.46 3.99 0.01
Current Assets 290.91 387.39 505.75 329.98 361.64
Total Assets 510.49 613.39 769.47 629.51 717.75
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 83.91 72.09 51.67 51.55 70.06
Adjustment -4.71 -14.52 -2.93 0.33 -12.64
Changes in Assets & Liabilities -19.85 9.22 0.98 -34.11 10.51
Tax Paid -24.38 -17.45 -11.01 -9.35 -11.02
Operating Cash Flow 34.97 49.34 38.71 8.42 56.91
Investing Cash Flow -15.17 -4.74 -33.85 9.91 -32.52
Financing Cash Flow -17.81 -37.51 -14.68 -15.27 -21.91
Net Cash Flow 2 7.09 -9.82 3.06 2.48

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 70.39 70.39 70.37 70.37 70.37
lucas indian service limi... - - - 70.32 70.32
sheela balaji 0.02 0.02 0.02 0.02 0.02
sowmyan ramakrishnan - - - - 0.02
t k balaji 0.01 0.01 0.01 0.01 0.01
sowmyan ramakrishnan 0.03 0.03 0.02 0.02 -
lucas indian service ltd 50.80 50.80 70.32 - -
mahle electric drives jap... 6.25 6.25 - - -
mahle holding india priva... 13.26 13.26 - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 29.61 29.61 29.63 29.63 29.63
investor education and pr... 0.48 - 0.48 0.49 0.49
investor education and pr... - 0.48 - - -

Annual Reports

Ratings & Research Reports

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Company Presentations

  • PresentationQ2FY24 9 Jan 2024

Company News

India Nipon Electric - Quaterly Results13 Feb 2024, 1:20PM India Nipon Electric - Quaterly Results13 Feb 2024, 1:20PM India Nipon Electric - Quaterly Results13 Feb 2024, 1:20PM India Nippon Electricals informs about board meeting30 Oct 2023, 3:03PM India Nipon Electric - Quaterly Results10 Aug 2023, 2:48PM India Nipon Electric - Quaterly Results10 Aug 2023, 2:48PM India Nipon Electric - Quaterly Results10 Aug 2023, 2:48PM India Nippon Electricals informs about disclosure27 Jun 2023, 3:01PM India Nippon Electricals informs about disclosure20 Jun 2023, 12:26PM India Nippon Electricals informs about disclosure20 Jun 2023, 12:24PM India Nippon Electricals informs about appointment of internal auditors and cost auditor 27 May 2023, 10:59AM India Nipon Electric - Quaterly Results26 May 2023, 2:32PM India Nipon Electric - Quaterly Results26 May 2023, 2:32PM India Nippon Electricals informs about board and audit committee meeting 17 May 2023, 10:51AM India Nippon Electricals informs about compliance certificate24 Apr 2023, 10:01AM India Nipon Electric - Quaterly Results14 Feb 2023, 2:34PM India Nipon Electric - Quaterly Results14 Feb 2023, 2:34PM India Nipon Electric - Quaterly Results14 Feb 2023, 2:34PM India Nippon Electricals informs about certificate5 Jan 2023, 11:00AM India Nippon Electricals informs about closure of trading window24 Dec 2022, 3:31PM India Nippon Electricals informs about loss of share certificate17 Dec 2022, 4:22PM India Nippon Electricals informs about KMP6 Dec 2022, 10:42AM India Nippon Electricals informs about appointment of CS cum CO25 Nov 2022, 2:53PM India Nippon Electricals informs about closure of trading window22 Nov 2022, 10:33AM India Nipon Electric - Quaterly Results11 Nov 2022, 12:00PM India Nipon Electric - Quaterly Results11 Nov 2022, 12:00PM lndia Nippon Electricals informs about loss of share certificate14 Oct 2022, 10:24AM India Nippon Electricals informs about certificate14 Oct 2022, 9:42AM India Nipon Electric - Quaterly Results10 Aug 2022, 5:26PM India Nipon Electric - Quaterly Results10 Aug 2022, 5:26PM India Nipon Electric - Quaterly Results26 May 2022, 4:07PM India Nipon Electric - Quaterly Results26 May 2022, 4:07PM India Nippon Electricals informs about disclosure29 Apr 2022, 4:30PM India Nippon Electricals informs about compliance certificate27 Apr 2022, 10:02AM lndia Nippon Electricals informs about compliance certificate12 Apr 2022, 10:17AM India Nipon Electric - Quaterly Results10 Feb 2022, 12:31PM India Nipon Electric - Quaterly Results10 Feb 2022, 12:31PM India Nipon Electric - Quaterly Results10 Feb 2022, 12:31PM India Nippon Electricals informs about disclosures12 Jan 2022, 4:54PM India Nipon Electric - Quaterly Results13 Nov 2021, 5:32PM India Nippon Electricals informs about proceedings of AGM18 Sep 2021, 11:05AM India Nippon Electricals informs about appointment of non-independent director18 Aug 2021, 3:55PM India Nippon Electricals informs about clarification on non-debarment of director10 Aug 2021, 4:34PM India Nippon Electricals informs about certificate24 Jul 2021, 10:19AM India Nippon Electricals informs about certificate24 Jul 2021, 10:09AM India Nippon Electricals informs about RTA certificate22 Apr 2021, 10:46AM India Nippon Electricals informs about compliance certificate22 Apr 2021, 10:44AM India Nippon Electricals informs about analyst meet27 Feb 2021, 3:48PM India Nippon Electricals informs about certificate20 Jul 2020, 10:48AM

India Nipon Electric Stock Price Analysis and Quick Research Report. Is India Nipon Electric an attractive stock to invest in?

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The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how India Nipon Electric is performing and if it is the right time to buy the stock of India Nipon Electric with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, India Nipon Electric has reported decent sales growth of 15.8899464919561 % and in the latest quarter sales was Rs 178.86 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 12.5746190971894 times for India Nipon Electric . It is managing its inventory poorly .
     
  • India Nipon Electric reported Profit growth of 43.7406855439642 % over the year, where the latest year profit is Rs 57.87 Cr compared to the previous year of Rs 40.26 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of India Nipon Electric in the latest quarter is Rs 15.26 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • India Nipon Electric has a average ROE of 10.9815456141183 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. India Nipon Electric has a low Debt to Equity ratio of 0.
     
  • India Nipon Electric pays a dividend of 9.25 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 1.3724 %.
     
  • The share of promoter in India Nipon Electric is high at 70.37 %, where the pledging is 0 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of India Nipon Electric is 34.1101004785888 compared to the 5 year average PE of 16.2245091073995 .
     
  • Share Price: - The current share price of India Nipon Electric is Rs 680.65. One can use valuation calculators of ticker to know if India Nipon Electric share price is undervalued or overvalued.
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Brief about India Nipon Electric

India Nippon Electricals Limited Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

India Nippon Electricals Limited is a renowned company in the electrical components industry. With a rich history spanning several decades, India Nippon Electricals Limited has established itself as a leading manufacturer and supplier of a wide range of electrical components such as ignition coils, ignition modules, sensors, and more. The company's commitment to quality, innovation, and customer satisfaction has made it a preferred choice for many automobile manufacturers both in India and globally.

India Nippon Electricals Limited Share Price

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India Nippon Electricals Limited Balance Sheet

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India Nippon Electricals Limited Annual Report

India Nippon Electricals Limited's annual reports are available for download on our website. The annual report provides a comprehensive overview of the company's performance, financial statements, corporate governance practices, and future outlook. Long-term stock investors can gain valuable insights by studying the annual report.

India Nippon Electricals Limited Dividend

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India Nippon Electricals Limited Quarterly Result

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India Nippon Electricals Limited Stock Price

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India Nippon Electricals Limited Price Chart

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India Nippon Electricals Limited News

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India Nippon Electricals Limited Concall Transcripts

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India Nippon Electricals Limited Investor Presentations

Download India Nippon Electricals Limited's investor presentations from our website. Investor presentations provide an overview of the company's business, financial performance, and growth prospects. Studying investor presentations can help long-term investors evaluate the company's potential.

India Nippon Electricals Limited Promoters

India Nippon Electricals Limited's promoters play a crucial role in the company's success. Our platform provides detailed information about the company's promoters and their contribution to the company's growth and development.

India Nippon Electricals Limited Shareholders

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India Nippon Electricals Limited stock analysis page on our website provides long-term stock investors with a comprehensive range of information and analysis tools to make informed investment decisions. Our pre-built screening tools, downloadable annual reports, concall transcripts, investor presentations, and premium features like fair value calculation tools ensure that investors have access to all the necessary information for a detailed analysis of the company. Explore our platform now to gain valuable insights into India Nippon Electricals Limited's stock performance and prospects.

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